Launching a new online business is a long-time commitment project that takes tons of passion to build. It starts with just an idea that you might have had. But you need perseverance every step of the way to take it to the heights you imagined it would reach. There is...
Are you a busy business owner struggling to balance finances and keeping your business afloat? Are you unsure if hiring a chief financial officer (CFO) is the best option? In this article, we will cover the benefits of hiring a CFO and when it's the right time to do...
When it comes to gauging your business’s performance and strategies to improve it, you might be ready to seek a financial benchmarking analysis for your business in your industry niche. If you are a small business owner or new to the competitive landscape, you might...
Accounting is one of those painful necessities that you need to do in order to keep your business going. It’s boring and for the most part, business owners would rather talk about something more exciting like expanding their product line, but there’s no avoiding it. ...
Do you have an accurate sense of how well your company is performing? It’s often said, “What you can’t measure, you can’t improve.” When Peter Drucker first said this, he was referring to the performance indicators within a business. You can grow and scale profitably...
According to a U.S. Bank study, 82% of businesses fail because of poor cash flow management skills or a misunderstanding of how cash flow works. Many of these small businesses don’t make it to their fifth year because aren't even aware they have e-commerce cash flow...
Right now, the whole DIY thing is a huge trend. People are making their own farmhouse tables, home décor, skincare products, and accounting… wait? that sounds out of place. That’s because it is, you shouldn’t try to do your own accounting if you have no experience...
The modern era demands more from chief financial officers (CFOs) than the mere production and analysis of financial statements. CFOs are often innovators who have a specific vision for the company's finances, which is why these executives are highly regarded and have...
It is no secret that the cloud is the fastest way for businesses to access the infrastructure and operational systems to run their companies. Small business owners face many challenges and one of them is not being able to keep up with the big changes in their...
When you are looking to hire someone for your company, the personality of the individual plays an important part. But many business owners fail to realize the importance of this crucial fact and end up hiring the wrong people for the job. In my own career, I have come...
